Monographs/Information Papers
A Retail Central Bank Digital Currency (CBDC): Economic Considerations in the Singapore Context
A retail CBDC is one of the options for the future of money and payments that the central bank community is exploring. This paper sets out MAS’ initial assessment of the economic case for a retail CBDC in Singapore and its potential implications for financial stability and monetary policy.
Find out more about MAS' CBDC research and technical projects.
Related Publications
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Monographs/Information PapersPublished Date: 13 November 2026
Project Meridian FX APAC
Through Project Meridian FX APAC, the Bank of England, Monetary Authority of Singapore and Bank of Thailand explore how sychronisation could support safer and more efficient foreign exchange settlement across different central bank money systems. The project tests payment-versus-payment foreign exchange (FX) settlement,...
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Monographs/Information PapersPublished Date: 20 October 2026
Information Paper on Complaints Management Practices
MAS conducted thematic inspections of the complaints management practices of selected banks and insurers. The inspections assessed how the institutions have implemented measures to achieve fair dealing outcomes in the handling of retail customer complaints. The information paper sets out MAS’ key observations from the inspections, including sound practices and areas where the institutions should strengthen their complaints management frameworks.
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Monographs/Information PapersPublished Date: 07 October 2026
Enforcement Report 2025/2026
The MAS Enforcement Report 2025/2026 covers the period between 1 January 2025 and 30 June 2026, highlighting key enforcement outcomes alongside broader efforts to uphold fair and orderly financial markets, deter misconduct, and protect consumers and investors.